EGP / USD CBE market average: Buy 16.73 | Sell 16.83

EGP / USD at CIB: Buy 16.70 | Sell 16.80

EGP / USD at NBE: Buy 16.75 | Sell 16.85

EGX30 (Thursday): 13,771 (-1.5%)

Turnover: EGP 444 mn (43% below the 90-day average)

EGX 30 year-to-date: +5.6%

THE MARKET ON THURSDAY: The EGX30 ended Thursday’s session down 1.5%. CIB, the index heaviest constituent ended up 0.04%. EGX30’s top performing constituents were Cairo Investment & Real Estate Development (CIRA) up 1.2%, Orascom Development Egypt up 0.6%, and CIB. Thursday’s worst performing stocks were Global Telecom down 5.1%, Madinet Nasr Housing down 4.6% and AMOC down 4.3%. The market turnover was EGP 444 mn, and foreign investors were the sole net sellers.

Foreigners: Net Short | EGP -31.6 mn

Regional: Net Long | EGP +2.9 mn

Domestic: Net Long | EGP +28.7 mn

Retail: 49.0% of total trades | 51.7% of buyers | 46.3% of sellers

Institutions: 51.0% of total trades | 48.3% of buyers | 53.7% of sellers

WTI: USD 53.50 (-5.46%)

Brent: USD 61.99 (-5.11%)

Natural Gas (Nymex, futures prices) USD 2.45 MMBtu, (-3.65%, Jul 2019 contract)

Gold: USD 1,311.10 / troy ounce (+1.45%)

TASI: 8,516.48 (+1.22%) (YTD: +8.81%)

ADX: 5,003.59 (+2.82%) (YTD: +1.80%)

DFM: 2,620.33 (+0.79%) (YTD: +3.58%)

KSE Premier Market: 6,242.24 (+0.59%)

QE: 10,273.01 (+3.43%) (YTD: -0.25%)

MSM: 3,934.15 (-0.18%) (YTD: -9.01%)

BB: 1,433.52 (+0.24%) (YTD: +7.20%)

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